PLOVER BAY TECH (01523) Announces Annual Results: Profit Attributable to Shareholders Rises 19.5% to US$45.466 Million

Stock News02-26

PLOVER BAY TECH (01523) has released its annual results for the year ended December 31, 2025. The company achieved revenue of US$130 million, representing an increase of 11.43% year-on-year. Profit attributable to owners of the parent for the year amounted to US$45.466 million, up 19.5% compared to the previous year. Basic earnings per share were 4.12 US cents.

According to the announcement, the company's growth was entirely organic. Every dollar of revenue was generated through continuous product improvements, support for partners, and decisive bets on key opportunities. The company is currently investing in its SpeedFusion Connect infrastructure on a global scale and is preparing to launch new products specifically designed for Starlink applications.

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